Gold’s performance since Covid has been anything but stellar

Gold may soon soar to a record $2,000 says analyst: we ‘borrowed from the future, and there is not enough economy to pay it down’

Gold’s performance in the weeks since Covid-19 became a pandemic has been anything but stellar. Prices were volatile, briefly turning lower for the year before climbing to their highest level since late 2012. The precious metal has been torn between its potential as a haven investment and a mad scramble to sell the tangible asset in a bid for cash to cover losses in the stock market.

By Miki

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